Five years ago, it took Cainiao 9 days to deliver the first 100 million Singles’ Day packages.
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Jack Ma goes all-in on smart logistics infrastructure network
In a surprise appearance at last week’s Cainiao’s Global Smart Logistics Summit, Chinese tech tycoon Jack Ma announced that Cainiao Network, the logistics affiliate of Alibaba, is going to invest more than RMB 100 billion ($15 billion) to build the technical backbone for a smart logistics network aimed at improving delivery reach and efficiency. (Read […]
